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hluska 2 days ago

Short term yes. But (this isn’t a defense of tariffs), the concept is that this will spur on domestic production in raw materials. So with this example, if there is a domestic source of copper it wouldn’t be subject to tariffs at all. In theory only, well balanced tariffs would make it cheaper to import US sourced raw materials for use in US bound products. In practice, I don’t think anyone knows what’s involved in doing that.